LXi reaffirms quarterly dividend as rent collection reaches 99pc
(Sharecast News) - LXi said on Thursday that it had continued to engage with all of its tenants, leading to rent collection of 99% to-date for the quarter ending June.
Read moreWed, 12th May 2021 09:16
(Sharecast News) - LXi said on Thursday that it had continued to engage with all of its tenants, leading to rent collection of 99% to-date for the quarter ending June.
Read more(Sharecast News) - LXI REIT said on Monday that it has made seven separate long income acquisitions in the grocery sector from six different developers for £85m, following its £125m capital raise earlier in the month.
Read more(Sharecast News) - LXi REIT said it planned to raise £75m through a discounted share placing.
Read more(Sharecast News) - Real estate investment trust LXI REIT hiked its annual dividend target to 6.0p on Thursday following successive quarters of strong rent collection and rental growth.
Read more(Sharecast News) - Real estate investment trust LXI said on Monday that the defensive characteristics of its "highly diversified portfolio" had allowed the group to deliver "a resilient set of financial results" for the first half of its trading year.
Read more(Sharecast News) - Real estate investment trust LXI agreed to dispose of its BCA facility in Corby on Thursday for £68.0m.
Read more(Sharecast News) - LXi REIT has made changes to its three term loan facilities with Scottish Widows, it announced on Tuesday, that would reduce the interest rate payable and extend the maturity date.
Read more(Sharecast News) - LXi REIT announced three profitable disposals for a total of £17m on Tuesday, as well as two accretive acquisitions in the foodstore sector, which were being acquired for a total of £15m, reflecting a blended net initial yield of 5.5%.
Read more(Sharecast News) - LXi REIT reported "robust" rent collection of 97% in its fourth quarter to December on Monday, having been "actively engaged" with all of its tenants.
Read more(Sharecast News) - Real estate investment trust LXI upped its quarterly dividend guidance on Thursday after experiencing some "robust rent collection" in the three months ending 30 September.
Read more(Sharecast News) - LXi REIT announced a number of disposals and an accretive acquisition on Friday, selling two portfolios of long-let social housing assets for a combined sum of £10.7m to two separate infrastructure funds.
Read more(Sharecast News) - LXi REIT said on Thursday that so far it has received 84% of its rent for the June to September quarter.
Read more(Sharecast News) - Real estate investment trust LXI has negotiated an important lease restructuring with one of its largest tenants, BCA.
Read more(Sharecast News) - Travelodge is seeking temporary rent reductions of nearly 70% from Secure Income Reit, the budget hotel chain's largest landlord confirmed on Thursday.
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